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Question about commission
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chikita315
Love
Member since 8/06 7945 total posts
Name:
M-lo
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Question about commission
We are going to start the real search for a home in the new year. Right now we are just doing as much research as possible. So I'm sure I'll have a lot more questions!!
For starters, if we enlist a broker in our search, do we as buyers pay them a commission?
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Posted 11/8/06 3:02 PM  |
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lululu
LIF Adult
Member since 7/05 9511 total posts
Name:
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Re: Question about commission
only if you contract with them to be a buyers broker. if not, the seller pays the commission.
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| Posted 11/8/06 3:03 PM |
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kerrycec03
Mom of 2 beautiful boys!!
Member since 6/06 13519 total posts
Name:
Kerry
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Re: Question about commission
good to know.
P.S. my DH and I are also doing a LOT of research now in hopes to start eagerly looking in the beginning of 2007
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| Posted 11/8/06 3:05 PM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Question about commission
Posted by lululu
only if you contract with them to be a buyers broker. if not, the seller pays the commission.
yup.
if you go with an agent (not a buyers broker, but a good ol RE) and you get a house that is not their listing- they split the sellers commission - but remember, any RE technically works for the seller in NY -
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| Posted 11/8/06 3:32 PM |
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JMF
LIF Infant
Member since 3/06 230 total posts
Name:
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Re: Question about commission
you shouldnt pay a real estate agent if you are a buyer!!!!!
Call up some agency (that are reputable) go out to see houses with different agents... you'll find one you like.. then stick with her/him.
They get a commission from the sale even if they were not th listing agent.
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| Posted 11/8/06 4:11 PM |
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